Manufactured and Modular Housing News

News Reports: Housing news updates and reports for Manufactured Home and Modular Housing Industry professionals and investors. Business – daily fact checks, market reports, and analysis.

ROC USA Facilitates another Manufactured Home Community to Become a Co-op

By / / Advocacy, Business, Communities, Finance, Legal, Manufactured and Modular Housing News, Manufactured Homes

Elmwood Mobile Manor has transformed into Elmwood Homeowners Cooperative, purchasing the manufactured home community (MHC) with $2.16 million financing provided by ROC USA® Capital, the Mercy Loan Fund and the Washington State Housing Finance Commission. JP Morgan Chase’s CDFI (Community Development Financial Institution) Collaborative program supplied a $4 million grant […]

ROC USA Facilitates another Manufactured Home Community to Become a Co-op Read More

Modular Cottages form Small Community in Vermont

By / / Communities, Factory-Built Homes, home buyers, Manufactured and Modular Housing News, Modular

“A pocket neighborhood is different from a traditional neighborhood because there’s a function: The front porch has to be big enough so you can sit on it on a Sunday morning as your neighbor walks by,” said Bob Provost of Carriage House Modular Homes LLC of South Burlington, Vermont. The

Modular Cottages form Small Community in Vermont Read More

Drew Draws Top Gain, Cavco Advances, MHCV Outpaces Dow

By / / Business, Manufactured and Modular Housing News, Stocks

In the news: Whole Foods to launch lower cost store, Patriots QB Tom Brady inflates his innocence, and the oil industry wonders if job cuts have ended. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained more than the Dow, +1.76 percent, to close at 672.2. while more tracked manufactured

Drew Draws Top Gain, Cavco Advances, MHCV Outpaces Dow Read More

Ozy Media’s ‘Trailer House Nation,’ Corrections Needed

By / / Business, Communities, Legal, Manufactured and Modular Housing News, Manufactured Homes, mobile home, People

The Pine Haven manufactured home community (MHC) in Moss Bluff, Louisiana in the southwestern part of the state (just north of Lake Charles) has been sold and the 35 homes, some of which appear to have been built before the Department of Housing and Urban Development (HUD) established standards for

Ozy Media’s ‘Trailer House Nation,’ Corrections Needed Read More

Google’s Modular Plans Denied; LinkedIn Links Up

By / / Business, Company News, Legal, Manufactured and Modular Housing News, Modular

Updating an article MHProNews posted March 4, 2015 regarding Google’s modular expansion plans for its North Bayshore campus, the Mountain View (CA) City Council voted to give Google only about a quarter of the office space it had requested for the complex, and instead opted to give the lion’s share,

Google’s Modular Plans Denied; LinkedIn Links Up Read More

Luxury Modular Complex Rises in Silicon Valley

By / / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Modular

The Modular Building Institute’s 2015 Awards of Distinction has honored Guerdon Modular Buildings as best-in-show for its Domain Apartments in San Jose, California. As multihousingnews informs MHProNews, the five-story, 444 unit luxury townhouse-style community includes nine-foot ceilings, granite countertops, stainless steel appliances, in home washers and dryers and high-quality finishes.

Luxury Modular Complex Rises in Silicon Valley Read More

Manufactured Housing Consensus Committee to Consider Multifamily MH

By / / Advocacy, Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation

As follow-up to a story MHProNews posted March 19, 2015 regarding multifamily manufactured housing (MH) units, the Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews the General Subcommittee of the Manufactured Housing Consensus Committee (MHCC) unanimously approved a proposal to establish standards for the homes. Previously, HUD warned any

Manufactured Housing Consensus Committee to Consider Multifamily MH Read More

MHCV Inches Up while Dow Slips Second Consecutive Day

By / / Business, Manufactured and Modular Housing News, Stocks

ADP reports private employers hired 160,000 workers last month, Saudi Arabia wants to be the Walmart of oil which will cut into the fracking industry in the U. S., and investors are awaiting the opportunity to invest in Iran. Meanwhile, for the second consecutive day, the Yahoo Manufactured Housing Composite

MHCV Inches Up while Dow Slips Second Consecutive Day Read More

Chris Nicely Joins Next Step Homes

By / / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, People

MHProNews has learned from Next Step Network that Chris Nicely has joined Next Step Homes, the for-profit subsidiary of Next Step Network, as Chief Executive Officer. Next Step Network is a Louisville, KY-based 501(c)3 not-for-profit that seeks to put affordable factory-built housing within everyone’s reach regardless of their income. MHProNews

Chris Nicely Joins Next Step Homes Read More

A Short Story on the Tiny Home Movement

By / / Manufactured and Modular Housing News, Manufactured Homes, People, Trends

Australian filmmaker Jeremy Beasley has been documenting the Tiny Home movement which began in the U. S. 15 years ago, and estimates there are between 500 and 1,000, although the exact number is unknown because many are under the radar. As MHProNews reported Oct. 21, 2014 on a 70 square-foot

A Short Story on the Tiny Home Movement Read More

Borough Establishes Regulations for Siting of Manufactured Homes

By / / Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation

New rules and regulations for the moving and placement of manufactured homes (MH) was discussed at the Ramey (Penn.) Borough Council meeting May 4, as theprogressnews tells MHProNews. Code Enforcement Officer Joe Kercenneck discovered a multi-section home in town has a manufacturers seal of approval, but it does not have

Borough Establishes Regulations for Siting of Manufactured Homes Read More

Updated Rent Stabilization for Manufactured Home Communities due in June

By / / Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation

Rick Robinson of the Manufactured Housing Institute (MHI) has informed MHProNews that the city council of El Monte, California, county of Los Angeles, on March 30, 2015 approved Urgency Ordinance No. 2852 to extend the existing manufactured home (MH) rent stabilization for an additional three months, through July 3, 2015.

Updated Rent Stabilization for Manufactured Home Communities due in June Read More

Texas Legislature Passes Bill to Elevate Modulars

By / / Advocacy, Factory-Built Homes, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular

MHProNews has been informed by Caitlin Nauert of the Texas Manufactured Housing Association (TNHA) the Texas Senate has passed SB 1264 and the House has approved companion bill HB 1990 which will allow multifamily modular construction to be four stories tall instead of the current three stories. Of the 6,268

Texas Legislature Passes Bill to Elevate Modulars Read More

Louisiana Pacific Flies, MHCV Moves Up, Drew Cries, Dow Drops 142 Points

By / / Business, Manufactured and Modular Housing News, Stocks

In other news, oil lands above $60 a barrel for the first time this year, other burger chains are eating McDonald’s for lunch, and venture capitalist Dave McClure, head of 500 Startups, says women and minorities are underpriced assets in today’s marketplace. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV)

Louisiana Pacific Flies, MHCV Moves Up, Drew Cries, Dow Drops 142 Points Read More

Drew Draws Aces, Posting Record First Quarter 2015

By / / Business, Canada, Company News, Manufactured and Modular Housing News, Manufactured Homes

Net sales for Drew Industries, Inc. (NYSE:DW) in the first quarter of 2015 rose to a quarterly record $361 million, 27 percent higher than for the same period 2014, resulting in net income of $20.1 million, $0.82 per diluted share, versus $16.2 million, or $0.67 per diluted share for the

Drew Draws Aces, Posting Record First Quarter 2015 Read More

Modular Skyscraper Erected in 19 Days

By / / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Modular

With 19 atriums, 800 apartments and office space for 4,000 workers, 1,200 employees of the Broad Sustainable Building Co. erected a 57-story modular skyscraper in 19 working days in Hunan’s provincial capital, Changsha, China, according to ca.news.china. The 2,736 modules that make up Mini Sky City were fabricated in 4

Modular Skyscraper Erected in 19 Days Read More

Cavco Acquires Manufactured Home Producer Fairmont

By / / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes, Modular, RV

MHProNews has learned from globenewswire that manufactured and modular home builder Cavco Industries, Inc. (NASDAQ:CVCO) has acquired Fairmont Homes, Inc. of Nappanee, Indiana through its wholly-owned subsidiary, FH Group, LLC.. With manufacturing plants in Indiana and Minnesota, Fairmont produces manufactured and modular homes and park model recreational vehicles (RVs), and

Cavco Acquires Manufactured Home Producer Fairmont Read More

HUD Code Manufactured Home Production Continues Rising

By / / Business, Economy, home buyers, Manufactured and Modular Housing News, Manufactured Homes, Trends

Based on official statistics gathered on behalf of the Department of Housing and Urban Development (HUD), the Manufactured Housing Association for Regulatory Reform (MHARR) informs MHProNews that HUD Code production of manufactured homes in March hit 5,602, a 14.3 percent increase over the 4,899 homes produced in March 2014. This

HUD Code Manufactured Home Production Continues Rising Read More

MHCV Scores Better than Dow; Wages Finally Rise

By / / Business, Manufactured and Modular Housing News, Stocks

In today’s financial news, hedge fund guru David Einhorn says oil fracking companies are a bad investment because the price of oil has fallen so drastically, from $100 a barrel last summer to under $60 a barrel today. Employee compensation has risen 2.6 percent in the last year, the largest

MHCV Scores Better than Dow; Wages Finally Rise Read More

Modern Modular Classrooms will Serve VA Schools Well

By / / Factory-Built Homes, Legal, Manufactured and Modular Housing News, Modular

Broad Rock Elementary School in Richmond, Virginia is receiving a 12-classroom modular complex, and E.S.H. Greene Elementary is getting one with nine classrooms, each unit with two bathrooms, interior hallways and enough space to serve meals, as richmond tells MHProNews. Both schools are above 125 percent capacity, and while school

Modern Modular Classrooms will Serve VA Schools Well Read More

mas kovach mhpronews shopping with soheyla .jp

Get our ‘read-hot’ industry-leading 

get our ‘read-hot’ industry-leading emailed headline news updates